Auditing & Assurance Services 6th Edition by Timothy Louwers

تمرين 9

Cost Accounting Tests of Controls. The diagram in Exhibit 9.47.1 describes several cost accounting tests of controls. It shows the direction of the tests, leading from samples of cost accounting analyses, management reports, and the general ledger to blank squares.
Required:
For each blank square in Exhibit 9.47.1, write a cost accounting test of controls procedure and describe the evidence it can produce. ( Hint: Refer to Exhibits 9.4 and 9.6)
EXHIBIT 9.47.1
Diagram of Cost Accounting Tests of Controls

EXHIBIT 9.4 Assertions about Classes of Transactions and Events: Production Cycle

EXHIBIT 9.6 Test of Production Cost Controls: Occurrence Direction